Upcoming Dividend • Jun 08
Upcoming dividend of CN¥0.17 per share Eligible shareholders must have bought the stock before 15 June 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 58% and the cash payout ratio is 79%. Trailing yield: 5.1%. Lower than top quartile of Hong Kong dividend payers (6.9%). Lower than average of industry peers (5.7%). Reported Earnings • Apr 28
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: CN¥0.60 (up from CN¥0.46 in FY 2024). Revenue: CN¥7.22b (up 15% from FY 2024). Net income: CN¥1.43b (up 33% from FY 2024). Profit margin: 20% (up from 17% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates by 4.1%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Food industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Declared Dividend • Mar 30
Final dividend of CN¥0.17 announced Shareholders will receive a dividend of CN¥0.17. Ex-date: 15th June 2026 Payment date: 29th June 2026 Dividend yield will be 3.9%, which is lower than the industry average of 5.7%. Sustainability & Growth The dividend has increased by an average of 43% per year over the past 3 years. However, payments have been volatile during that time. EPS is expected to grow by 43% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 27
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: CN¥0.60 (up from CN¥0.46 in FY 2024). Revenue: CN¥7.22b (up 15% from FY 2024). Net income: CN¥1.43b (up 33% from FY 2024). Profit margin: 20% (up from 17% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates by 4.1%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Food industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Mar 27
WEILONG Delicious Global Holdings Ltd, Annual General Meeting, Jun 11, 2026 WEILONG Delicious Global Holdings Ltd, Annual General Meeting, Jun 11, 2026. Announcement • Mar 06
WEILONG Delicious Global Holdings Ltd to Report Fiscal Year 2025 Results on Mar 26, 2026 WEILONG Delicious Global Holdings Ltd announced that they will report fiscal year 2025 results on Mar 26, 2026 Announcement • Jan 02
WEILONG Delicious Global Holdings Ltd Announces Resignation of Li Kin Wai as Joint Company Secretary and Change of Authorised Representative, Effective December 31, 2025 WEILONG Delicious Global Holdings Ltd. announced that Mr. Li Kin Wai has resigned as a joint company secretary of the Company due to his other work commitments, effective December 31, 2025. Ms. Shen Xiaochun, the other Joint Company Secretary, has recently obtained confirmation from the Stock Exchange that she has been qualified to act as the company secretary of the Company under Rule 3.28 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited such that a further waiver will not be necessary. Following the resignation of Mr. Li, Ms. Shen will continue to act as the sole company secretary of the Company. Following Mr. Li’s resignation as a Joint Company Secretary, he has also resigned as an authorised representative of the Company under Rule 3.05 of the Listing Rules. The Board announces that Ms. Shen has been appointed as the Authorised Representative in replacement of Mr. Li to discharge the functions of the Authorised Representative under Rule 3.05 of the Listing Rules, effective December 31, 2025. Mr. Yu Feng, an executive Director, will continue to act as the other Authorised Representative. As at the date of this announcement, the executive directors of the Company are Mr. Liu Weiping, Mr. Liu Fuping, Mr. Liu Zhongsi and Mr. Yu Feng; and the independent non-executive directors of the Company are Ms. Xu Lili, Mr. Zhang Bihong and Ms. Xing Dongmei. Meeting date: December 31, 2025. Reported Earnings • Sep 23
First half 2025 earnings released: EPS: CN¥0.31 (vs CN¥0.27 in 1H 2024) First half 2025 results: EPS: CN¥0.31 (up from CN¥0.27 in 1H 2024). Revenue: CN¥3.48b (up 19% from 1H 2024). Net income: CN¥733.0m (up 18% from 1H 2024). Profit margin: 21% (in line with 1H 2024). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Food industry in Hong Kong. Upcoming Dividend • Sep 15
Upcoming dividend of HK$0.20 per share Eligible shareholders must have bought the stock before 22 September 2025. Payment date: 20 October 2025. Payout ratio is a comfortable 57% but the company is paying out more than the cash it is generating. Trailing yield: 3.7%. Lower than top quartile of Hong Kong dividend payers (6.6%). Lower than average of industry peers (4.4%). Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to HK$13.94, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 15x in the Food industry in Hong Kong. Total returns to shareholders of 111% over the past year. Reported Earnings • Aug 17
First half 2025 earnings released: EPS: CN¥0.31 (vs CN¥0.27 in 1H 2024) First half 2025 results: EPS: CN¥0.31 (up from CN¥0.27 in 1H 2024). Revenue: CN¥3.48b (up 19% from 1H 2024). Net income: CN¥733.0m (up 18% from 1H 2024). Profit margin: 21% (in line with 1H 2024). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Food industry in Hong Kong. Declared Dividend • Aug 16
First half dividend of HK$0.20 announced Shareholders will receive a dividend of HK$0.20. Ex-date: 22nd September 2025 Payment date: 20th October 2025 Dividend yield will be 3.9%, which is lower than the industry average of 5.7%. Sustainability & Growth Dividend is covered by earnings (22% earnings payout ratio) but not covered by cash flows (105% cash payout ratio). The dividend has increased by an average of 93% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 61% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jul 25
WEILONG Delicious Global Holdings Ltd to Report First Half, 2025 Results on Aug 14, 2025 WEILONG Delicious Global Holdings Ltd announced that they will report first half, 2025 results on Aug 14, 2025 Recent Insider Transactions • Jul 09
Senior VP recently sold HK$6.7m worth of stock On the 4th of July, Hongzhi Peng sold around 473k shares on-market at roughly HK$14.21 per share. This transaction amounted to 49% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Hongzhi has been a net seller over the last 12 months, reducing personal holdings by HK$13m. Upcoming Dividend • Jun 09
Upcoming dividend of CN¥0.29 per share Eligible shareholders must have bought the stock before 16 June 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 58% but the company is paying out more than the cash it is generating. Trailing yield: 3.3%. Lower than top quartile of Hong Kong dividend payers (7.7%). Lower than average of industry peers (4.5%). Recent Insider Transactions • Jun 05
Senior VP recently bought HK$707k worth of stock On the 29th of May, Hongzhi Peng bought around 49k shares on-market at roughly HK$14.37 per share. This transaction amounted to 97% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$742k. Hongzhi has been a buyer over the last 12 months, purchasing a net total of HK$1.4m worth in shares. Recent Insider Transactions • May 22
Senior VP recently bought HK$742k worth of stock On the 15th of May, Hongzhi Peng bought around 51k shares on-market at roughly HK$14.60 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Hongzhi's only on-market trade for the last 12 months. New Risk • May 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (106% cash payout ratio). Share price has been volatile over the past 3 months (11% average weekly change). Significant insider selling over the past 3 months (HK$12m sold). Announcement • May 15
WEILONG Delicious Global Holdings Ltd has completed a Follow-on Equity Offering in the amount of HKD 1.1776 billion. WEILONG Delicious Global Holdings Ltd has completed a Follow-on Equity Offering in the amount of HKD 1.1776 billion.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 80,000,000
Price\Range: HKD 14.72
Transaction Features: Subsequent Direct Listing Valuation Update With 7 Day Price Move • May 12
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to HK$14.74, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 13x in the Food industry in Hong Kong. Total returns to shareholders of 168% over the past year. Simply Wall St's valuation model estimates the intrinsic value at HK$21.80 per share. Announcement • May 08
WEILONG Delicious Global Holdings Ltd has filed a Follow-on Equity Offering. WEILONG Delicious Global Holdings Ltd has filed a Follow-on Equity Offering.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 80,000,000
Transaction Features: Subsequent Direct Listing Reported Earnings • Apr 27
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: CN¥0.46 (up from CN¥0.38 in FY 2023). Revenue: CN¥6.27b (up 29% from FY 2023). Net income: CN¥1.07b (up 21% from FY 2023). Profit margin: 17% (in line with FY 2023). Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) missed analyst estimates by 4.1%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Food industry in Hong Kong. Buy Or Sell Opportunity • Apr 25
Now 22% undervalued Over the last 90 days, the stock has risen 127% to HK$16.84. The fair value is estimated to be HK$21.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to HK$15.96, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 14x in the Food industry in Hong Kong. Total returns to shareholders of 204% over the past year. Simply Wall St's valuation model estimates the intrinsic value at HK$21.56 per share. Reported Earnings • Mar 28
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: CN¥0.46 (up from CN¥0.38 in FY 2023). Revenue: CN¥6.27b (up 29% from FY 2023). Net income: CN¥1.07b (up 21% from FY 2023). Profit margin: 17% (in line with FY 2023). Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) missed analyst estimates by 4.1%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Food industry in Hong Kong. Announcement • Mar 28
WEILONG Delicious Global Holdings Ltd, Annual General Meeting, Jun 12, 2025 WEILONG Delicious Global Holdings Ltd, Annual General Meeting, Jun 12, 2025. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to HK$11.00, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 13x in the Food industry in Hong Kong. Total returns to shareholders of 119% over the past year. Simply Wall St's valuation model estimates the intrinsic value at HK$21.66 per share. Announcement • Mar 10
WEILONG Delicious Global Holdings Ltd to Report Fiscal Year 2024 Results on Mar 27, 2025 WEILONG Delicious Global Holdings Ltd announced that they will report fiscal year 2024 results on Mar 27, 2025 Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to HK$8.74, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Food industry in Hong Kong. Total returns to shareholders of 63% over the past year. Simply Wall St's valuation model estimates the intrinsic value at HK$14.00 per share. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to HK$7.60, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Food industry in Hong Kong. Total returns to shareholders of 15% over the past year. Reported Earnings • Sep 25
First half 2024 earnings released: EPS: CN¥0.27 (vs CN¥0.19 in 1H 2023) First half 2024 results: EPS: CN¥0.27 (up from CN¥0.19 in 1H 2023). Revenue: CN¥2.94b (up 26% from 1H 2023). Net income: CN¥621.2m (up 39% from 1H 2023). Profit margin: 21% (up from 19% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Food industry in Hong Kong. Upcoming Dividend • Sep 16
Upcoming dividend of CN¥0.16 per share Eligible shareholders must have bought the stock before 23 September 2024. Payment date: 18 October 2024. Payout ratio is a comfortable 57% and the cash payout ratio is 80%. Trailing yield: 5.2%. Lower than top quartile of Hong Kong dividend payers (8.7%). In line with average of industry peers (5.3%). Reported Earnings • Aug 18
First half 2024 earnings released: EPS: CN¥0.27 (vs CN¥0.19 in 1H 2023) First half 2024 results: EPS: CN¥0.27 (up from CN¥0.19 in 1H 2023). Revenue: CN¥2.94b (up 26% from 1H 2023). Net income: CN¥621.2m (up 39% from 1H 2023). Profit margin: 21% (up from 19% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Food industry in Hong Kong. Declared Dividend • Aug 17
First half dividend of CN¥0.16 announced Shareholders will receive a dividend of CN¥0.16. Ex-date: 23rd September 2024 Payment date: 18th October 2024 Dividend yield will be 5.7%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (22% earnings payout ratio) and cash flows (71% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Aug 16
WEILONG Delicious Global Holdings Ltd Announces Interim Dividend for the Six Months Ended June 30, 2024, Payable on October 18, 2024 WEILONG Delicious Global Holdings Ltd. announced interim dividend of RMB 0.16 per share for the six months ended June 30, 2024. Ex-dividend date is September 23, 2024; Record date is September 27, 2024; Payment date is October 18, 2024. Announcement • Aug 02
WEILONG Delicious Global Holdings Ltd to Report First Half, 2024 Results on Aug 15, 2024 WEILONG Delicious Global Holdings Ltd announced that they will report first half, 2024 results on Aug 15, 2024 Buy Or Sell Opportunity • Jul 30
Now 20% undervalued Over the last 90 days, the stock has risen 5.9% to HK$6.10. The fair value is estimated to be HK$7.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Buy Or Sell Opportunity • Jul 15
Now 20% undervalued Over the last 90 days, the stock has risen 13% to HK$6.10. The fair value is estimated to be HK$7.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Buy Or Sell Opportunity • Jun 14
Now 22% undervalued Over the last 90 days, the stock has risen 15% to HK$5.95. The fair value is estimated to be HK$7.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Upcoming Dividend • Jun 04
Upcoming dividend of CN¥0.21 per share Eligible shareholders must have bought the stock before 11 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 58% and the cash payout ratio is 80%. Trailing yield: 5.5%. Lower than top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (4.9%). Announcement • Apr 26
Weilong Delicious Global Holdings Ltd Announces Board Changes The board of directors of WEILONG Delicious Global Holdings Ltd. announced that on 22 April 2024, Mr. CHEN Lin ("Mr. Chen") has resigned as an executive director of the Company and a member of the remuneration committee of the Board due to work arrangement adjustment. The resignation of Mr. Chen takes effect from the conclusion of the Board meeting on 25 April 2024. Mr. Chen will continue to serve as a senior vice president of the Company afterhis resignation as an executive director of the Company and a member of the remuneration committee of the Board, and will continue to serve various positions at various subsidiaries within the Group. The Board further announces that Mr. YU Feng ("Mr. Yu") has been appointed as an executive director of the Company and a member of the remuneration committee of the Board with effect from the conclusion of the Board meeting on 25 April 2024. Mr. YU Feng, aged 33, is the senior vice president of marketing center and human resources center of the Company. Mr. Yu has over 12 years of experience in the snack foods industry. From joining the Group in October 2011 to May 2023, he held various positions within the Group, including assistant designer, research and development engineer, research and development manager, general manager of the e-commerce center and head of the media center. In August 2023, Mr. Yu was appointed as the vice president of the marketing center by the Board, and since November 2023, he has also been the head of the human resources center. Since March 2024, Mr. Yu has been appointed as the senior vice president of the Company. Mr. Yu is the cousin of Mr. LIU Weiping, Mr. LIU Fuping and Mr. LIU Zhongsi, all being executive directors of the Company. Mr. Yu graduated from Hunan Vocational College of Science and Technology in June 2011, majoring in animation design, and is currently enrolled in the general manager course at China Europe International Business School. He is also a member of Shanghai Minhang District Young Entrepreneurs Association. Reported Earnings • Apr 21
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.38 (up from CN¥0.07 in FY 2022). Revenue: CN¥4.87b (up 5.2% from FY 2022). Net income: CN¥880.4m (up 482% from FY 2022). Profit margin: 18% (up from 3.3% in FY 2022). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 5.5%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Food industry in Hong Kong. Reported Earnings • Mar 23
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.38 (up from CN¥0.07 in FY 2022). Revenue: CN¥4.87b (up 5.2% from FY 2022). Net income: CN¥880.4m (up 482% from FY 2022). Profit margin: 18% (up from 3.3% in FY 2022). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 6.8%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Food industry in Hong Kong. Announcement • Mar 08
WEILONG Delicious Global Holdings Ltd to Report Fiscal Year 2023 Results on Mar 21, 2024 WEILONG Delicious Global Holdings Ltd announced that they will report fiscal year 2023 results on Mar 21, 2024 Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to HK$4.81, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Food industry in Hong Kong. Total loss to shareholders of 51% over the past year. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to HK$7.09, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Food industry in Hong Kong. Total loss to shareholders of 27% over the past year. Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to HK$5.26, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Food industry in Hong Kong. Total loss to shareholders of 47% over the past year. Upcoming Dividend • Sep 07
Upcoming dividend of CN¥0.12 per share at 1.8% yield Eligible shareholders must have bought the stock before 14 September 2023. Payment date: 12 October 2023. Trailing yield: 1.8%. Lower than top quartile of Hong Kong dividend payers (7.7%). Lower than average of industry peers (4.6%). Reported Earnings • Aug 31
First half 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.13 loss in 1H 2022) First half 2023 results: EPS: CN¥0.19 (up from CN¥0.13 loss in 1H 2022). Revenue: CN¥2.33b (up 3.0% from 1H 2022). Net income: CN¥447.1m (up CN¥707.9m from 1H 2022). Profit margin: 19% (up from net loss in 1H 2022). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Food industry in Hong Kong. Announcement • Aug 30
Weilong Delicious Global Holdings Ltd Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable on 12 October 2023 WEILONG Delicious Global Holdings Ltd. announced interim dividend of RMB 0.12 per share for the six months ended 30 June 2023. Ex-dividend date is 14 September 2023. Record date is 20 September 2023. Payment date is 12 October 2023. Announcement • Aug 18
WEILONG Delicious Global Holdings Ltd to Report First Half, 2023 Results on Aug 29, 2023 WEILONG Delicious Global Holdings Ltd announced that they will report first half, 2023 results on Aug 29, 2023 Reported Earnings • Mar 24
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: EPS: CN¥0.07 (down from CN¥0.41 in FY 2021). Revenue: CN¥4.63b (down 3.5% from FY 2021). Net income: CN¥151.3m (down 82% from FY 2021). Profit margin: 3.3% (down from 17% in FY 2021). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates by 20%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 8.7% growth forecast for the Food industry in Hong Kong. Announcement • Dec 16
WEILONG Delicious Global Holdings Ltd has completed an IPO in the amount of HKD 1.594002 billion. WEILONG Delicious Global Holdings Ltd has completed an IPO in the amount of HKD 1.594002 billion.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 28,919,200
Price\Range: HKD 10.56
Discount Per Security: HKD 0.3168
Security Name: Shares
Security Type: Common Stock
Securities Offered: 67,477,800
Price\Range: HKD 10.56
Discount Per Security: HKD 0.3168
Security Name: Shares
Security Type: Common Stock
Securities Offered: 54,550,200
Price\Range: HKD 10.56
Discount Per Security: HKD 0.3168
Transaction Features: Regulation S; Sponsor Backed Offering Board Change • Dec 15
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Executive Vice Chairman Fuping Liu is the most experienced director on the board, commencing their role in 2018. Independent Non-Executive Director Dongmei Xing was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. 